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Old 08-08-2005, 03:08 AM
Max Raker Max Raker is offline
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Join Date: Apr 2005
Posts: 708
Default Re: Quick Explanation from a FI Fraud Investigator

ManyBeers, I do understand what you are saying, when the bank tells you a check "clears" it is very resonable to think that the money is yours. I would assume the same thing. It turns out getting money from a check is more complicated than we thought, a few posters (who clearly have more knowledge than we do on the subject) have explained this very well. Your anger at your Bank is astounding. If you do send the check to the "Nigerians" (perhaps the most comical part of this entire thread was the debate on if the scammer/frauder was actually from Nigeria) your bank does not profit at ALL. That is why the bank is not scamming you. Your only argument is that your bank should do a better job of picking out bad checks. You do realize that the people who sent you the check are trying to steal from you. Infact, (this might be quite shocking to you) THEY DONT EVEN WANT YOUR GOCART!!!!!!!

(If you have been joking the whole time, kudos to you, this is one of the funniest threads I've ever read)
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